2025 Compare Cities Housing:
Palm Bay, FL vs Phoenix, AZ

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Highlights
- The median age of a home in Palm Bay is 22.6% younger than the median age of a home in Phoenix.
 Palm Bay, FLPhoenix, AZUnited States
 Median Home Age31  Unlock42
 Median Home Cost  Unlock$413,000$338,100
 Home Appr. Last 12 months26.8%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock94.2%57.0%
 Home Appr. Last 10 yrs.211.6%  Unlock101.1%
 Property Tax Rate  Unlock$5.7$11.0
 Homes Owned71.0%  Unlock57.4%
 Housing Vacant  Unlock7.1%11.2%
 Homes Rented19.7%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Palm Bay, FLPhoenix, AZUnited States
 Average Rent  Unlock$2,400$1,840
 Studio Apartment$990  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,490$1,180
 2 Bedroom Home or Apartment$1,420  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,430$1,860
 4 Bedroom Home or Apartment$2,240  Unlock$2,160
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 Vacant Housing
 Palm Bay, FLPhoenix, AZUnited States
 Vacant For Rent  Unlock1.7%1.9%
 Vacant Rented0.4%  Unlock0.4%
 Vacant For Sale  Unlock0.6%0.7%
 Vacant Sold0.5%  Unlock0.4%
 Vacant Vacation  Unlock1.2%3.6%
 Vacant Other2.3%  Unlock4.1%
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 Owner-Occupied Housing Value
 Palm Bay, FLPhoenix, AZUnited States
 Less Than $20,000  Unlock2.6%2.6%
 $20,000 to $39,9990.8%  Unlock2.4%
 $40,000 to $59,999  Unlock0.8%2.8%
 $60,000 to $79,9992.8%  Unlock3.9%
 $80,000 to $99,999  Unlock1.5%4.5%
 $100,000 to $149,99915.3%  Unlock11.3%
 $150,000 to $199,999  Unlock13.5%13.0%
 $200,000 to $299,99931.5%  Unlock20.1%
 $300,000 to $399,999  Unlock18.6%13.6%
 $400,000 to $499,9991.5%  Unlock8.3%
 $500,000 to $749,999  Unlock10.7%9.7%
 $750,000 to $999,9990.5%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock1.4%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.4%1.1%
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 Housing Units By Year Built
 Palm Bay, FLPhoenix, AZUnited States
 2015 and Newer0.2%  Unlock0.2%
 2010 to 2014  Unlock16.3%13.6%
 2000 to 200926.6%  Unlock13.6%
 1990 to 1999  Unlock15.4%13.6%
 1980 to 198933.6%  Unlock13.2%
 1970 to 1979  Unlock19.4%14.8%
 1960 to 196917.9%  Unlock13.6%
 1950 to 1959  Unlock9.6%10.0%
 1940 to 19490.3%  Unlock4.7%
 1939 or Earlier  Unlock1.9%12.2%
Reviews for Palm Bay    27 Reviews

I moved to Palm Bay in 2020 and the cost of living has skyrocketed! A two bedroom apartment was around $900/month in 2020. Now it's $1600 and up. Mostly up. A three  More

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My family of 4 have lived here in NW Palm Bay for over 10 years. My wife and my son from another marriage lived here for over 7 before that. I myself have lived here for  More

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I lived in Palm Bay for 12 years. It's a very unfriendly and crowded place to live. It's well into the 90's from late April till right around the 10th of November. The  More

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Reviews for Phoenix    449 Reviews

Over 1 years ago

As someone that has worked in Phoenix for close to 20 years now. There is great areas to eat at, great opportunities for premium small businesses to set up shop and even  More

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Over 1 years ago

Phoenix is a city of potential and definitely has a bad reputation that is not completely deserved all throughout the city itself. There is tons of things to do, places  More

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Phoenix has tons of the best places to shop and eat at bar none due to it being the big city. Downtown is definitely underrated. There also is some nice new developments  More

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